Eaton Vance Fund Declares $0.1646 March Payout, 82% From Long-Term Gains
Eaton Vance Tax-Advantaged Dividend Income Fund declared a $0.1646 per share distribution for March 2026, funded 17.8% by net investment income and 82.2% by net realized long-term capital gains. The fund’s five-year NAV total return stands at 10.53%, with a 6.91% annualized distribution rate based on February 28 NAV.
1. Monthly Distribution Announcement
Eaton Vance Tax-Advantaged Dividend Income Fund announced a $0.1646 distribution per share for March 2026 under its managed distribution plan, marking the latest in its monthly payouts structured as a fixed cash amount.
2. Source Composition
The entire distribution comprises 17.8% net investment income and 82.2% net realized long-term capital gains, with no return of capital reported for the period.
3. Performance Metrics
As of February 28, the fund’s annualized distribution rate is 6.91% of NAV, while its five-year average annual total return at NAV is 10.53%, reflecting strong multi-year performance.
4. Tax Character and Outlook
The estimated sources are not final for tax reporting; shareholders will receive Form 1099-DIV detailing the actual tax classifications for the 2026 calendar year.